Personal Information Required for cash purchase INVASIVE

[bonniejeans]

I just received a call from the dealership that my car will be ready for pickup sometime this month.

I will be paying cash and yet the dealer is requiring a volume of information that I feel should only be required if I were to be financing the purchase.
This is what they are asking for.
1. Social Security
2. DL #
3. DOB
4. Full name including middle
5. Current address/ telephone# and length of time there (must show at least 5 years)
6. Employment address/ telephone# and length of time employed (must show last 5 years)
7. Gross monthly income (before taxes)
8. How much are you going to put down?
9. Mothers maiden name
10. Position at job
11. Married? Dependents? How many? Ages?
12. Nearest relatives name, address, and phone #
13. Mortgage payment? Rent payment?
14. Two complete references (name, address, phone #)
15. Had any property repossessed?
16. Bankruptcy?
17. Pending lawsuits?
18. Military active?
19. Military reserve?
20. Military inactive?
21. Current vehicle financed with? Account #, address, and payment amount
22. Insurance provider? Policy #, address, phone #, agent name
23. Insurance ever been cancelled before? Reason?

I can understand providing name, address and SS#, insurance and drivers license but not the other info. In other words, 1,2,3,4,5 and 22 but the rest of it is invasive.

I have protested providing all of this but the sales person says that the government requires this info since 9/11. I have purchased 2 cars since 9/11 with cash and never been required to provide more than name address, ss# for cash purchase over $10000 form 8830 and dl and insurance info.

Am I missing something here?

[bmx43]

Originally Posted by bonniejeans

I just received a call from the dealership that my car will be ready for pickup sometime this month.

I will be paying cash and yet the dealer is requiring a volume of information that I feel should only be required if I were to be financing the purchase.
This is what they are asking for.
1. Social Security
2. DL #
3. DOB
4. Full name including middle
5. Current address/ telephone# and length of time there (must show at least 5 years)
6. Employment address/ telephone# and length of time employed (must show last 5 years)
7. Gross monthly income (before taxes)
8. How much are you going to put down?
9. Mothers maiden name
10. Position at job
11. Married? Dependents? How many? Ages?
12. Nearest relatives name, address, and phone #
13. Mortgage payment? Rent payment?
14. Two complete references (name, address, phone #)
15. Had any property repossessed?
16. Bankruptcy?
17. Pending lawsuits?
18. Military active?
19. Military reserve?
20. Military inactive?
21. Current vehicle financed with? Account #, address, and payment amount
22. Insurance provider? Policy #, address, phone #, agent name
23. Insurance ever been cancelled before? Reason?

I can understand providing name, address and SS#, insurance and drivers license but not the other info. In other words, 1,2,3,4,5 and 22 but the rest of it is invasive.

I have protested providing all of this but the sales person says that the government requires this info since 9/11. I have purchased 2 cars since 9/11 with cash and never been required to provide more than name address, ss# for cash purchase over $10000 form 8830 and dl and insurance info.

Am I missing something here?

most of that is NOT required for a "cash" purchase, meaning greenbacks. anything else (including "cashiers" checks or "certified" checks) will likely require some type of further background. however, they never ever require your SS# unless they plan to run a credit report on you. if you are paying cash, you can refuse to fill out anything that you aren't comfortable with. The basic info stuff including address, titling name, DL# and insurance card are all that are required to make a "cash" purchase. if your sales person told you that, they are wrong. tell them to go fish.

[madbunny]

Additionally, I would say feel free to get creative with your responses.
If it's obviously not a government form that has explicit legalese on it, have some fun.
If someone has no right to certain information, I feel they have a right to get whatever I feel like giving them.
Obviously don't get blatantly creative ;)
Also don't be shy about saying that you need to take the form home and lookup some of the information, don't force them to make you fill it out on the spot.

[Yellowcarsrock]

Seems to me you shouldn't have to give them any info they don't need except for the car title. Give them the check and tell them you will wait for it to clear before you pick up the car. Your DL will have your DOB, and current address. You should only need proof of insurance if you finance the car and they have something to lose if you crash it, or it gets stolen etc. The rest they don't need. I agree with you.

[ckigar]

IANAL (I am not a Lawyer), but I would certainly not consider most of that any of the dealers business. Preserve your privacy... or tell him you need the same information (SSN, etc) from him to complete the purchase. Since you are already familiar with the money laundering form (8830), demand an explanation as to what else the feds want and where exactly it goes.

[Old SGM]

I paid cash for my Honda fit, If the cash is more than $9,999.00 the dealer told me they must send a form to the IRS about the transaction. The sales manager said it was related to the government trying to identify and control the flow of cash generated from sales of illegal drugs. They perferred a personal check and would only deliver the car after the check cleared. I explained I had just sold a car for cash and he could send whatever was required to the IRS, he did need names, addresses and SSAN. About a month after the sale, the dealer sent me a copy of the form they sent to the IRS. A few years before that we bought a Jaguar, there was a sign in plain sight that clearly stated no cars will be sold for cash.

[bmx43]

Originally Posted by Old SGM

I paid cash for my Honda fit, If the cash is more than $9,999.00 the dealer told me they must send a form to the IRS about the transaction. The sales manager said it was related to the government trying to identify and control the flow of cash generated from sales of illegal drugs. They perferred a personal check and would only deliver the car after the check cleared. I explained I had just sold a car for cash and he could send whatever was required to the IRS, he did need names, addresses and SSAN. About a month after the sale, the dealer sent me a copy of the form they sent to the IRS. A few years before that we bought a Jaguar, there was a sign in plain sight that clearly stated no cars will be sold for cash.

yes, all that is somewhat true, although i believe they are less interested with the drug money connection than the terrorist connection. however, the IRS form does not include anything about your work history, spouse, mothers maiden name, etc. that's a straight TRW app.

[RLove]

I am so tired of everyone insisting on my SSN. It wasn't intended as a personal ID number, and shouldn't be used as one now. I refuse to release it whenever possible, and give them as lot of grief when the transaction stalls because of it.

And we wonder why identity theft is so prevalent anymore.

Oh yeah, most of the rest of it is none of their business either.

[Old SGM]

The only data I provided was Names, addresses and SSAN. I don't remember if the source of the money was on the form, but I did tell the Sales manager.

I was never asked about the other things mentioned.

[bmx43]

Originally Posted by Old SGM

The only data I provided was Names, addresses and SSAN. I don't remember if the source of the money was on the form, but I did tell the Sales manager.

I was never asked about the other things mentioned.

source of the money is none of their business and i would think is some type of privacy law violation. can't see them asking that.